Drought and new car emissions test dampen German GDP growth in 2018 – ministry
Clean Energy Wire
Clean Energy Wire
Low water levels after the prolonged summer drought and sluggish car sales resulting from the switch to the new WLTP emissions test procedure have contributed to the German economy growing less than expected in 2018, the economy ministry (BMWi) says in a press release. However, the “one-off WLTP effect” is gradually coming to an end, the BMWi says. According to preliminary calculations by the Federal Statistical Office (Destatis), the price-adjusted gross domestic product (GDP) was 1.5 percent higher in 2018 than in the previous year.
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